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Jet2 Buys Back and Cancels 96,594 Shares Under £100m Programme

Story Highlights
  • Jet2 plc repurchased 96,594 shares on 20 January 2026 under its ongoing £100 million buyback programme.
  • The acquired shares will be cancelled, slightly shrinking Jet2’s share capital and potentially boosting returns for existing investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jet2 Buys Back and Cancels 96,594 Shares Under £100m Programme

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Jet2 PLC ( (GB:JET2) ) has shared an announcement.

Jet2 plc has repurchased 96,594 ordinary shares on 20 January 2026 as part of its up to £100 million share buyback programme authorised by shareholders last year. The shares, bought at prices between £12.64 and £13.02 with a volume-weighted average price of £12.7988 across multiple trading venues, will be cancelled, modestly reducing the company’s share capital and potentially enhancing earnings per share and capital returns for investors as the programme progresses.

The most recent analyst rating on (GB:JET2) stock is a Hold with a £1450.00 price target. To see the full list of analyst forecasts on Jet2 PLC stock, see the GB:JET2 Stock Forecast page.

Spark’s Take on GB:JET2 Stock

According to Spark, TipRanks’ AI Analyst, GB:JET2 is a Outperform.

Jet2 PLC’s strong financial performance, strategic growth initiatives, and undervaluation relative to peers are significant strengths. The company’s robust earnings call and proactive corporate events, such as the share buyback program, further enhance its investment appeal. However, concerns about cash flow and rising operational costs slightly temper the overall outlook.

To see Spark’s full report on GB:JET2 stock, click here.

More about Jet2 PLC

Jet2 plc is a UK-based leisure travel group, best known for its package holidays and low-cost flights to sun and city destinations across Europe and the Mediterranean. The company operates both an airline and a tour operator, targeting value-conscious holidaymakers and competing with other integrated travel and budget airline groups in the UK and European leisure market.

Average Trading Volume: 505,530

Technical Sentiment Signal: Sell

Current Market Cap: £2.42B

For detailed information about JET2 stock, go to TipRanks’ Stock Analysis page.

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